Swing Highlights | QuickSwap
Swing Highlights | QuickSwap
Let's take a look at behind-the-scenes action at QuickSwap.
Powered by #Polygon, #zkEVM, & #Dogechain, @Quickswap offers automated liquidity pools without the need for intermediaries.
Let’s take a look at the platform 👇
#SwingHighlights
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🔁 Quickswap is an open-source DEX, prioritizing decentralization, censorship resistance, and security. Its smart contracts manage liquidity pools made up of reserves of two ERC-20 tokens.
🔗: https://quickswap.exchange/
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~ Platform Statistics
With a total volume of $49.8B from beginning to date, QuickSwap has collected more than $139M in fees.📊
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~ Trading Volume
👉 QuickSwap did more than $950M in trading volume in April 2023
👉 Trading volume is around $67M, already up by +66.8% in the last 90 days
👉 Trading volume has increased by over 40% in the previous week
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~ Fees
🔁 With a trading fee of 0.3% on V2, QuickSwap uses a dynamic fee structure on V3 which ranges anywhere between 0.01% and 1.5%
🔼 Fees were up to $400K during the week when trading volume peaked.
👉 Fee collection is up by ~50% in the last 7 days
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~ TVL
👉 QuickSwap is ranked the 52nd largest DeFi protocol in terms of TVL
👉 With more than $152M+ TVL as of May 3, 2023
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~ Recent Updates
🔒QuickSwap has deployed its own interface on @safe for securing the funds on the #zkEVM chain.
QuickSwap users are able to swap, farm and provide liquidity on @DogechainFamily through a recently upgraded UI.
On April 28, QuickSwap hosted Episode 7 of the #AllRoadsLeadToPolygon Twitter Spaces series, which had 66,000+ listeners across the Polygon ecosystem.
🎧 Listen on
https://twitter.com/quickswapdex/status/1651274518571237425?s=46&t=GsvwFefn9ZDFr7QoxR0zJA
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Stay tuned as we bring you regular #SwingHighlights.
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